The rent prices in real estate in Luling, in the Louisiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Luling has had a strong fall during the last 6 months. In December, the average price per sq.feet was $1.17. In the following month the price per sq.feet fell to $1.11. The price for the following two months in (February, March) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 46 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.04 to $0.48 during April, and May.
When referring to the price in Luling (cities), this has fallen in the last 6 months. The average price for December is $1,069. During January the price had a slight fall till $1,008. In the following two months the average price has hardly changed with regard to the previous two months from $1,038.5 to $997.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,018 and $1,035.5 between April and May.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,027 they are 22 % more expensive than the average price for Luling. Following this ranking we find those properties with 1 at an average price of $1,260. The properties with the highest average price have 1 bedroom, Their price is 23 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,258.
According to average price per property type in Luling, "" priced at $1,258 is 22 % more expensive than the average price ($1,027) in this city.